ALSO IN THIS SECTION
Renewables struggling to perform
Mammoth bailouts across Europe
Where are the women in boardrooms?
The Ponzi palaver: The top 5 schemes
African land becomes top commodity
New charity tackles inequality
Electric highway – zero emission mobility
The closing web
Guiding promise: Saudi Arabian commerce
Sustainable economic initiatives
TOP 10 MOST POPULAR ARTICLES
- Pharmaceutical and Healthcare Awards 2011 0 comment(s)
- About the awards 1 comment(s)
- Print and prosper – 3D printing takes over 2 comment(s)
- Advertise 0 comment(s)
- Contact 0 comment(s)
- Corporate Citizen Awards 2012 0 comment(s)
- Clean Tech & New Energy Awards 2011 1 comment(s)
- Sustainable Finance Awards 2011 0 comment(s)
- Steel industry built to last 0 comment(s)
- Nanotechnology takes on cancer 0 comment(s)
Glaxo licenses Amicus’ Fabry disease drug
GSK take another leap into biotech network with new support for early stage developmental drug
GlaxoSmithKline said it had licensed Amicus Therapeutics’ Amigal, which is in final stage development for the treatment of Fabry disease
Treatments for Fabry disease, an inherited disorder that affects about 5,000 to 10,000 people worldwide, are dominated by US group Genzyme, the world’s most successful developer of rare disease drugs which is being pursued by Sanofi-Aventis, and British firm Shire.
US biotech Amicus will receive an upfront payment of $30m from Glaxo under the terms of the deal and will be eligible for further milestone payments of about $170m, the companies said in a joint statement.
Amigal, or migalastat hydrochloride, is the group’s lead product candidate.
